Home Industry News Releases Resource Label Group Acquires Paragon Label Bolstering Presence in West Coast Premium...

Resource Label Group Acquires Paragon Label Bolstering Presence in West Coast Premium Wine Segment

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FRANKLIN, TN – August 16, 2018Resource Label Group, LLC (“Resource Label”), a full-service provider of pressure sensitive label, shrink sleeve and RFID/NFC technology for the packaging industry, today announced that it has acquired Paragon Label (“Paragon”), a leading supplier of labeling solutions for the premium wine segment. Terms of the transaction were not disclosed. Resource Label is a longstanding portfolio company of First Atlantic Capital, a New York-based private investment firm, and TPG Growth, the middle market and growth equity investment platform of TPG.

Located in Petaluma, California, Paragon primarily services premium wine customers in Sonoma and Napa Counties and offers a full range of flexographic and digital printing capabilities. Paragon is also equipped with proprietary finishing technology that enhances the shelf appeal of its customers’ products.

“I am proud to welcome Jason Grossman and his employees to our team,” said Bob Simko, President and CEO of Resource Label. “We will continue to support the business that Jason has successfully built over the last twenty years for the benefit of current and new customers in this dynamic region of the country.”

Roberto Buaron, Chairman and CEO of First Atlantic Capital, added, “Continued leadership in the wine segment of the label industry is an important focus for Resource Label and we are confident that the acquisition of Paragon will help us meet that objective.”

Emilio Pedroni, Managing Director at First Atlantic Capital, said, “Paragon is strategically located in the heart of the California wine region, has a state-of-the-art facility and talented work force, and will be a tremendous addition to Resource Label.”

Ransom Langford, a Partner at TPG Growth, stated, “We admire the strength of Paragon’s customer relationships and cutting-edge technology and look forward to supporting the company as it builds on that foundation for future success.”

Jason Grossman, founder and legacy owner of Paragon, said, “I am excited to partner with Resource Label to leverage its operational expertise and technical support that will fuel our next phase of growth.”

About First Atlantic Capital

Founded in 1989, First Atlantic Capital is a middle market private equity firm that leverages its extensive consulting and operational experience to acquire middle market companies, seeking to build them up to become market leaders. Since its inception, the firm has completed more than 70 acquisitions assembling 22 successful platforms in various industries that include plastics and packaging, food and beverage, consumer and industrial products and business services. Notable investments in the packaging industry include Berry Plastics, Ranpak, Captive Plastics, CP Packaging and Resource Label Group. For additional information, visit www.firstatlanticcapital.com.

About TPG Growth

TPG Growth is the middle market and growth equity investment platform of TPG, the global alternative asset firm. With approximately $13.2 billion of assets under management, TPG Growth targets investments in a broad range of industries and geographies. TPG Growth has the deep sector knowledge, operational resources, and global experience to drive value creation, and help companies reach their full potential. The firm is backed by the resources of TPG, which has approximately $84 billion of assets under management. For more information, visit www.tpg.com.

About Resource Label Group, LLC

Resource Label Group, LLC is a leading pressure sensitive label, shrink sleeve and RFID/NFC manufacturer with diverse product offerings for the food, beverage, chemical, household products, personal care, nutraceutical, pharmaceutical, medical device, and technology industries. With locations across the U.S. and Canada, Resource Label Group, LLC provides national leadership and scale to deliver capabilities, technologies, systems and creative solutions that customers require.

Headquartered in Franklin TN, Resource Label Group, LLC is the parent company of Resource Label (Franklin & Memphis, TN), MidSouth RFID (Franklin, TN), Pamco Label (Chicago, IL), Fox Tag and Label (Providence, RI), Oxford Graphics (Boston, MA), The Label Company (Los Angeles, CA), A1 Label (Toronto, ON), Taylor Made Labels (Portland, OR), LithoFlexo Grafics (Salt Lake City, UT), Advanced Labels NW (Seattle, WA), RayPress Corporation (Birmingham, AL), Cellotape / Landmark Label (Newark, CA), Gintzler International (Buffalo, NY & Liberty Hill, TX), Ingenious Packaging (Toronto, ON) and Paragon Label (Petaluma, CA). With fifteen manufacturing locations, Resource Label Group, LLC employs 1150 associates in the U.S. and Canada. For additional information, visit www.resourcelabel.com.

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